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Indian ADRs end positive

U.S. stocks raced higher on Thursday as market nearly recouped three days of stiff losses, with the Dow Jones Industrial Average tallying its third-biggest point gain after wild swings in both directions The Dow rose 552.59 points, or 6.67%, to 8,835.25. The Standard & Poor`s 500 index rose 58.99 points, or 6.92%, to 911.29 and Nasdaq composite .. more »

Barack Obama: from a low-paid community worker to President

Barack Hussein Obama, whose father was a Kenyan and mother a White American, himself has had no misgivings on the herculean task he faced in getting elected as President because of his race and name .. more »

Adlabs Films swings to loss in Sep. `08 qtr

Adlabs Films swung to loss for the quarter ended September 2008. During the quarter, the company reported loss of Rs 189.97 million compared with a profit of Rs 203.01 million in the same quarter last year... more »

Corporate governance takes back seat in bank bailouts

SAN FRANCISCO (MarketWatch) -- The U.S. Treasury's plan to invest $125 billion in nine of the country's largest banks will do little to advance the corporate governance movement, experts said on Friday. .. more »

TubeMaster Plus Grabs Video or Audio From Nearly Any Site

Windows only: Free streaming media capture tool TubeMaster is a great all-in-one solution for grabbing and converting audio and video from nearly any web site that can stream it to you. The no-install app launches as its own application with a built-in, tabbed browser—simply launch it, head to Last.fm, YouTube, a site with proprietary .. more »

U.S. envoy returns to North Korea to salvage nuclear deal

Washington's chief nuclear negotiator, Christopher Hill, arrived in North Korea on Wednesday to try to keep the regime from reactivating its nuclear weapons program. .. more »

Batten Down Your Hatches for the Financiapocalypse

The economic meltdown on Wall Street during the past few weeks is going to trickle down to your street, whether or not you're a big investor in the stock market. Not to sound all doomsday—because goodness knows we're all stressed enough watching the news these days—but chances are things are gonna get ugly this coming winter .. more »

Maharashtra halts work on Dow unit after protests

The Warkari sect is fiercely opposing the US chemical multinationals proposed chemical experimentation unit near Pune, fearing large scale pollution.. more »

UTI MF commences 13 months plan

UTI Mutual fund has opened initial offer of UTI Fi...... .. more »

UAE co acquires 45% stake in Swan Telecom

Swan Telecom, an Indian mobile telephony provider, signed an agreement with UAE-based Emirates Telecommunications (Etisalat) to sell 45% stake of the company for USD 900 million, reports Business Standard... more »

It's business as usual for Morgan Stanley & Goldman in India

Even as both the firms are transforming themselves into banks in the US, it will not have an impact on their India operations... more »

Google Chrome Will Support Add-Ons, User Scripts

InformationWeek confirms that Google Chrome will have add-ons, a move that could have an enormous impact on Chrome's viability among the power users and early adopters in the Firefox camp. In addition to regular extensions, Chrome will also support scripts à la Greasemonkey: "There's two different kinds of add-ons," [Google .. more »

Centre charts Rs5,500 crore road map to take on Naxals

The road-building programme is intended to ensure that remote areas, which are Naxalite strongholds, were connected to the nearest town .. more »

Rel Infra aims Rs 150 bn share in PSU steel projects

Anil Ambani group`s Reliance Infrastructure is eyeing engineering, procurement and construction (EPC) projects worth Rs 150 billion from steel PSUs in the next 2-3 years and is already in talks with companies like SAIL and NMDC, reports Economic Times. The company sees around Rs 500 billion projects from steel PSUs coming in next 2-3 years and .. more »

Sony, Nokia, HP, ICICI most popular brands

A study across 1,000 brands reveals Sony, Nokia, HP, ICICI have emerged as the most popular brands. India's top Finance & Banking brands, IT & Telecom brands.. more »

Altria said to be in talks to buy UST for $10 billion

LONDON (MarketWatch) -- Altria Group is in advanced talks to buy UST Inc. for more than $10 billion as it seeks to tap into the growing market for smokeless tobacco, the New York Times reported Friday, citing people familiar with the matter. .. more »

Sony Ericsson releases SDK for Xperia X1 Panel Interface, panel download service in the works

Filed under: Cellphones We know what you're thinking -- it's Windows Mobile 6.1 fool, we've got the developers kit already. True, but not the SDK that allows developers to create custom, interactive panels for the touchscreen QWERTY's Panel Interface. Sony Ericsson claims that, "The Xperia ..... more »

Oil near \$109 as Gustav fades

Oil was around \$109 a barrel on Tuesday after sliding to five-months lows when initial reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.. more »

SEBI to allow trading in interest rate futures by Dec-Jan

Capital market watchdog, Securities and Exchange Board of India (SEBI) is likely to permit trading in exchange traded interest rate futures by December-January, a move which will help banks and FIIs manage interest rate risks... more »
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